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Wade M. Berlin

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721 Ocean Drive
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PRICED AT ONLY: $9,198,000

Address: 721 Ocean Drive, KEY COLONY, FL 33051

Description

Fantastic Oceanfront Development Opportunity in the heart of the Florida Keys! 2+ acres of prime oceanfront boasting 225' of beach front with dock permit in Key Colony Beach. A total of 3 lots with endless possibilities. Previous use was a 22 unit condominium. Or look into separating the lots to build 3 new luxury beach homes which are in very hot demand and rare to find. One house on this street sold March 2025 for $12 Million. Key Colony Beach is an upscale coastal community in the Middle Keys offering beautiful beaches, par 3 golf course, basketball, pickle and bocce ball, shopping and dining, marina, fishing charters, and 3 parks including Sunset Park where you will find Keys famous sunsets over the ocean all year long. Key Colony Beach also enjoys it's own police force and quick access to the Marathon Airport which is just minutes away.
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  • MLS#: 614678 ( Land )
  • Street Address: 721 Ocean Drive
  • Viewed: 3
  • Price: $9,198,000
  • Price sqft: $0
  • Waterfront: Yes
  • Waterfront Type: Oceanfront,Beach Front,Open Water
  • Year Built: Not Available
  • Bldg sqft: 0
  • Acreage: 2.10 acres
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Features
Building and Construction
  • Buildingpermit: Other Permit
  • Total Lots: 3.00
Property Information
  • Property Group Id: 19990816212131825981000000
Eco-Communities
  • Off Shore Island: No
  • Water View: Open Water View, Ocean View
Utilities
  • Existing Utilities: Electric on Site, Water Line, Sewer
Amenities
  • Neighborhood Feature: Tennis Courts, Beach, Other Area Features
Other Features
  • Alternate Key Num: 1084603
  • As Is Rght To Inspct: Yes
  • Assocmisc Info 1st Right Of Refusal: No
  • Assocmisc Info Mandatory Home Owners Asc: No
  • Deed Restrictions: Unknown
  • Dockage Dock Permit: Yes
  • Flood Zone: AE VE by water only
  • Legal Description: LT 6 AMENDED & EXTENDED PLAT OF STEVENS SUBDIVISION SHELTER KEY PB4-8
  • Limitd Reprsntation: No
  • Locationsite: Paved Street, Cleared Site, Water Frontage
  • Mile Marker: 53.50
  • Miscellaneous Info Mobile Home Lot: No
  • Parcel Num: 00078380-000000
  • Side: Ocean
  • Species List: Yes
  • Survey Available: Yes
  • Vegetation Survey: No
  • Zoning: R-3 - Multi Unit Res
Similar Properties

Details for 721 Ocean Drive, KEY COLONY, FL 33051
$8,750,000.00

721 Ocean Drive More Like This

Discover endless possibilities with this prime vacant land parcel nestled in the heart of the Florida Keys! Spanning 2.10+/ acres (approx. 91,650+/ SF) of land with an additional 1.9+/ acres (appro

  1. Approx. 2.10 acres
  1. MLSID: 604581
  2. Provided by Compass FLORIDA
  3. Contact Audrey H. Ross
  4. (305) 330-5481
  5. Florida Keys Board of REALTORS
  6. DMCA Notice

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin